Friday, 21 September 2018

Hutch completes Orange Austria buy

By Mary Lennighan, Total Telecom
Thursday 03 January 13

Closing of deal that will merge third and fourth players in Austria enables Telekom Austria to formally acquire Yesss!

The Austrian mobile market was a hive of activity on Thursday afternoon as both Hutchison Whampoa's local unit and Telekom Austria announced the completion of M&A deals. Hutchison 3G Austria completed the €1.3 billion acquisition of Orange Austria, making it the country's third largest mobile operator. Completion of the deal comes after a year…

The Austrian mobile market was a hive of activity on Thursday afternoon as both Hutchison Whampoa's local unit and Telekom Austria announced the completion of M&A deals. Hutchison 3G Austria completed the €1.3 billion acquisition of Orange Austria, making it the country's third largest mobile operator. Completion of the deal comes after a year…

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